More on the fallout from the SVB collapse and what it means for the U.S. economy. NBC News has more: 

Price growth cooled to an annual rate of 6% in February, according to data released Tuesday by the U.S. Bureau of Labor Statistics. The annual reading was lower than January’s 6.4% year-over-year level and in line with economists’ forecasts.

On a monthly basis, prices rose 0.4% in February from January, down slightly from January’s 0.5% increase, the latest Consumer Price Index reading showed.

Energy costs continued to fall, with prices 5.2% higher in February year-over-year compared with an 8.7% increase in January. Food price increases also cooled, rising 0.4% last month since January compared with 0.5% the month before, but remain broadly steeper than a year ago — up 9.5% on since last February.

The latest inflation data comes as Wall Street and economists continue to process the collapses of Silicon Valley Bank on Friday and the New York-based Signature Bank on Sunday and their impact on the broader economy.

Also, Transformation Tuesday. 

More on the fallout from the SVB collapse and what it means for the U.S. economy. NBC News has <a href="https://www.nbcnews.com/business/business-news/svb-collapse-cpi-report-us-economy-rcna74747">more</a>: 
Price growth <a href="https://www.bls.gov/news.release/cpi.nr0.htm">cooled to an annual rate of 6% in February</a>, according to data released Tuesday by the U.S. Bureau of Labor Statistics. The annual reading was lower than January’s 6.4% year-over-year level and in line with economists’ forecasts. 
On a monthly basis, prices rose 0.4% in February from January, down slightly from January’s 0.5% increase, the latest Consumer Price Index reading showed. 
Energy costs continued to fall, with prices 5.2% higher in February year-over-year compared with an 8.7% increase in January. Food price increases also cooled, rising 0.4% last month since January compared with 0.5% the month before, but remain broadly steeper than a year ago — up 9.5% on since last February. 
The latest inflation data comes as Wall Street and economists <a href="https://www.nbcnews.com/business/business-news/tech-ceos-silicon-valley-bank-funders-scrambled-stay-afloat-rcna74771">continue to process</a> the <a href="https://www.nbcnews.com/business/business-news/treasury-says-will-back-silicon-valley-bank-deposits-rcna74570">collapses of Silicon Valley Bank</a> on Friday and the New York-based Signature Bank on Sunday and their impact on the broader economy. 
Also, Transformation Tuesday.

Vince can be heard every weekday from 10AM to Noon on News Talk 1110 & 99.3 WBT in Charlotte.

Vince can be heard every weekday from 10AM to Noon on News Talk 1110 &amp; 99.3 WBT in Charlotte.